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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: sun-tzu who wrote (2531)2/16/2003 8:56:00 AM
From: LTK007  Read Replies (1) of 11447
 
lol! --also here is a bit of classic BS spin in on today's WSJ web-site, i will state why after i give quote.
<<According research by Wells Capital Management in Minneapolis, fourth-quarter top-line growth for S&P 500 companies that have reported so far hit 4%. A year earlier, revenue was down 4%.

"We've had an 8% increase, and nobody's talking about that. All this is being lost because we're worried about duct tape," says James Paulsen, chief investment officer at Wells Capital Management. "Underneath it all, we had a great fourth-quarter earnings period, we have sales that recovered, we have retail sales going up, and industrial production is back in the positive."

"The current hysteria is probably overblown and it's creating a great buying opportunity.">>
O boy o wow and fantastic, we had a 8% increase, well at the start of 2002 it was projected that S&P500 would have a 24% increase in the 4th quarter so they only missed by 300% !!!! .Max
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